Showing 1 - 10 of 1,811
This paper investigates the causal effect of public administration efficiency on firm-level productivity. To this … administration efficiency and firm productivity because of large and persistent spatial disparities in economic performance and local …’ productivity growth. Increasing local public administration efficiency from the 25th percentile to the 75th percentile would raise …
Persistent link: https://www.econbiz.de/10012111119
This paper implements both stochastic production and cost frontier analyses to estimate the efficiency of toll motorway companies in Spain, the country with the largest number of private concessionaires in this economic sector. Our dataset includes 32 concessionaires with different features for...
Persistent link: https://www.econbiz.de/10012981225
a critical role in explaining regional disparities in productivity. In fact, we show that over 50% of the East …-West productivity gap is associated with a less efficient labor allocation in former East Germany. Yet, we also demonstrate that the … suggest that regional productivity differences could be substantially narrowed by a more efficient labor allocation among …
Persistent link: https://www.econbiz.de/10013503649
This article formalises the idea of money-metric production frontiers, which we propose as a general framework for nonparametric evaluation of economic efficiency. As we show in our methodological discussion, this improves the flexibility and economic interpretation of our model. The empirical...
Persistent link: https://www.econbiz.de/10003929600
result is derived from revenue productivity measures and thus also reflects variation in prices. Using a census panel of …-plant increases in revenue productivity after export entry. We then derive product-plant level marginal cost and use it as an … lower prices, revenue productivity measures fail to identify these within-plant efficiency gains from exporting …
Persistent link: https://www.econbiz.de/10013082084
In this study, we review the studies on the relation between firms' efficiency or profitability and their exit. Although we take it for granted that inefficient or unprofitable firms are more likely to exit, which we call the natural selection hypothesis, some theories predict that it is not...
Persistent link: https://www.econbiz.de/10012827011
Persistent link: https://www.econbiz.de/10012989303
This study explains the differences and variances in the efficiency scores of the Vietnamese banking sector retrieved from 27 studies published in refereed academic journals under the framework of meta-regression analysis. These scores are mainly based on frontier efficiency measurements, which...
Persistent link: https://www.econbiz.de/10012607555
This paper proposes an efficiency analysis of the major European incumbent firms in the fixed telecommunications sector. The non-parametric approach, that has been adopted here, expresses the efficiency according to a directional distance measure, allowing to consider the different nature of...
Persistent link: https://www.econbiz.de/10010839114
We study the differential impact of exchange rate volatility on cost efficiency and market structure when banks have non-trivial exposures to foreign currency operations. We use unique pre-war data on quarterly revaluations of assets and liabilities denominated in foreign currencies that Russian...
Persistent link: https://www.econbiz.de/10013289130